Agricultural and construction equipment retailer Titan Machinery Inc, has reported its financial results for the second quarter and first six months ended July 31, 2011.
Boosted by the acquisitions of Carlson Tractor and Equipment Inc and St. Joseph Equipment Inc, second quarter revenue increased 48.3% to $310.8 million from revenue of $209.7 million in the second quarter last year.
Carlson Tractor and Equipment, Inc. consists of two New Holland Construction locations in Rosemount and Rogers, Minnesota. The acquisition was completed on May 13, 2011.